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Which of the following APRs compounded monthly is equivalent to an APR of 12.65% compounded quarterly using 360-day calendar years, 30-day months, and 3-month quarters?
Which of the following APRs compounded monthly is equivalent to an APR of 12.65% compounded quarterly using 360-day calendar years, 30-day months, and 3-month quarters? 11.886% 12.207% 12.529% 12.850% 13.171%
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